Who’s Behind The Loan Mod?

PAUL,

I HAVE A 260,000 MORTGAGE I AM CURRENT ON MY MORTGAGE CURRENT MARKET VALUE IS ABOUT 160000 THE PAYMENTS OF 2650 A MONTH ARE ABOUT TO KILL ME ANY HELP IN THE PATH I SHOULD FOLLOW WOULD BE GREATLY APPRECIATED. A QUOTE ON THE FEE FOR HELP ON THIS, AND WHAT IT WOULD INCLUDE PLEASE LET ME KNOW SO WE CAN GET STARTED ON THIS ASAP

THANKS,

TIM 

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Hello Tim,

I don’t charge for loan modifications and I can give you all the free information that you want; however, no legal advice because I’m not an attorney. 

A good starting point for your loan mod request would be to find out who actually owns the note.  The lender you are dealing with is your loan servicer and they may own the note but most likely the servicer is servicing the loan for another ‘investor’.  A borrower can send a Qualified Written Request to his loan servicer and request the identity of the owner of the loan.  It might also be a good idea to send a few QWR’s requesting original loan docs and other information. 

I can give you a call and talk for a few minutes or so if you’d like if you have some questions.  If so, then let me know when you’d like me to call.

Thanks for visiting the site.

Paul